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    FAMILY PROTECTION

    Life Insurance for Different Stages of Life

    Last Updated On 01-08-2016

    Ensure Your Future with Term Plan!

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    Life insurance is all about creating a responsible financial plan, which provides the security of meeting your financial responsibilities as well as protecting your family through the different stages of life.

    1. Marriage:

      Life insurance policies provide financial stability to a person in the event of passing away of their partner. The death benefits paid to the surviving partner can also provide for retirement or a child’s education.
    2. Becoming a parent:

      A life insurance is vital for you as a parent to protect your family during tough times. But additionally, getting a Child Life Insurance helps plan your child’s future through unforeseen consequences
    3. Mortgage:

      Life insurance can also cover your house loan amount to ensure your family can pay the loan in your absence.  A term life insurance is also a great option to ease the pain of paying of mortgages.
    4. Protection for Business:

      If you run your own business, you should definitely have life insurance to pays off any debts in the future and cover any unforeseen expenses in your business.
    5. Single life:

      Life insurance allows you to change the beneficiaries in case of a divorce. If you have children from your marriage, you can opt to co-elect your child’s name as a beneficiary with your ex-spouse or go solo with a Child life insurance.
    6. Old age:

      At this stage, it is essential to have a will or a trust for estate planning. But having a life insurance will help provide funds to pay estate taxes by eliminating or reducing them. Also life insurance gives you a lump-sum payment to protect your retirement.

    *Tax benefits are subject to conditions and other provisions of the Indian tax laws and are subject to amendments made thereto from time to time.

    Disclaimer:

    The aforesaid article presents the view of an independent writer who is an expert on financial and insurance matters. PNB MetLife India Insurance Co. Ltd. doesn’t influence or support views of the writer of the article in any way. The article is informative in nature and PNB MetLife and/ or the writer of the article shall not be responsible for any direct/ indirect loss or liability or medical complications incurred by the reader for taking any decisions based on the contents and information given in article. Please consult your financial advisor/ insurance advisor/ health advisor before making any decision.

    PNB MetLife India Insurance Company Limited, Registered office address: Unit No. 701, 702 & 703, 7th Floor, West Wing, Raheja Towers, 26/27 M G Road, Bangalore -560001, Karnataka.
    IRDAI Registration Number 117. CI No: U66010KA2001PLC028883. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding the sale.
    The marks “PNB” and “MetLife” are registered trademarks of Punjab National Bank and Metropolitan Life Insurance Company, respectively. PNB MetLife India Insurance Company Limited is a licensed user of these marks.
    Call us Toll-free at 1-800-425-6969.. Phone: 080-66006969, Website: www.pnbmetlife.com, Email: indiaservice@pnbmetlife.co.in or Write to us: 1st Floor, Techniplex -1, Techniplex Complex, Off Veer Savarkar Flyover, Goregaon (West), Mumbai – 400062, Maharashtra. Phone: +91-22-41790000, Fax: +91-22-41790203

    BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS /FRAUDULENT OFFERS
    • IRDAI is not involved in activities like selling policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.

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    Disclaimer

    Collapsed Expanded

    As your trusted life insurance partner, PNB MetLife is with you amidst the current COVID-19 outbreak. Our policies also cover COVID-19 Claims. In case of a Death Claim, kindly submit the signed Claim Intimation Letter mentioning the policy number, brief of the insured event and other claim documents on the email mentioned herewith. Please write-in to us at claimshelpdesk@pnbmetlife.com or indiaservice@pnbmetlife.co.in. You can also call us on 1800-425-6969 for death claims intimations and for any queries on Monday - Saturday between 10:00 am - 7:00 pm.

    PNB MetLife Insurance, amongst the trusted Life Insurance companies in India, aims to provide a wide range of Life Insurance products that suits the needs of an individual at every stage of his life. Life Insurance Plans range from Term Life Insurance PlansTerm PlanProtection PlansLong Term Savings Plans , Retirement Plans & Child Education Plan.

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